Energy stock sector Relative Strength Ratio plunged below 3-month lows on 9/17/10 and remains bearish. Longer term, the ratio has been bearish most of the time since peaking more than 2 years ago on 7/1/08.

The S&P MidCap 400/Large Cap Relative Strength Ratio (MDY/SPY) rose further above 7-week highs on 9/17/10 and remains bullish. Longer term, MDY/SPY has been bullish, trending upward since 4/7/99.

Crude Oil nearest futures contract fell below 2-week lows on 9/17/10 to confirm a short-term price pullback.

Gold nearest futures contract rose to another new all-time high on 9/17/10, again confirming its preexisting secular bullish trend.

Copper nearest futures contract price rose above 5-month highs on 9/17/10, again confirming its preexisting intermediate-term Secondary Uptrend. Strength in Copper suggests confidence about prospects for the world economy.

S&P 500 Composite (SPX, 1,125.59) rose 0.93 points or 0.08% on 9/17/10. Stock indexes opened higher, following good earnings news from a couple of companies, but quickly gave up that gain. By the close, just 2 stock sectors, industrial and technology, accounted for all the strength, while the other 7 major sectors fell. Volume rose 32% on the NYSE—but the volume of declining stocks was 28% greater than the volume of advancing stocks, indicating net selling pressure. Upside volume on rallies has been relatively low for months, suggesting a lack of confidence. Price momentum appears to have slowed to a craw in recent days, perhaps indicating exhaustion for the short term. Longer term, absolute price of SPX remains neutral, above the 50-day and 200-day SMAs, but with the 50-day SMA below the 200-day SMA. For the past 4 months, the stock market has been consolidating losses in a trading range between the SPX 1131.47 high of 9/17/10 and the SPX 1010.91 low of 7/1/10. Even if there were another attempt to probe new 4-month high territory, substantial upside price follow-through with volume confirmation would be needed to validate a trend change. Barring that, further consolidation still seems most likely in days ahead.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Spotlight on event stocks: Here is a stock screen I designed to pick out potential event stocks, both Bullish and Bearish. Sometimes, stocks with large changes in price and volume are revealed to be deal stocks, sooner or later, or are the subject of some other extraordinary events, positive or negative.

Bullish Stocks: Rising Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
0.60% , PMR , Retail, PMR
0.38% , PZJ , SmallCap PS Zacks, PZJ
8.36% , ORCL , ORACLE
5.70% , CTB , COOPER TIRE
4.46% , SLM , SLM CORP
2.83% , ZION , ZIONS
3.43% , GT , GOODYEAR TIRE
4.04% , DE , DEERE & CO
2.34% , WYNN , Wynn Resorts L
2.94% , GNTX , Gentex Corporation
2.13% , PMTC.O , PARAMETRIC
0.76% , PTE , Telecommunications & Wireless, PTE
2.06% , WFMI , Whole Foods Market Inc
4.30% , BHH , Internet B2B H, BHH
1.36% , SWH , Software H, SWH
1.98% , Q , QWEST COMMUNICAT
0.76% , PSI , Semiconductors, PSI
3.73% , JBL , JABIL CIRCUIT
3.39% , DV , DeVry, Inc.
2.99% , IP , INTL PAPER
1.93% , WYN , Wyndham Worldwide
1.89% , GOOG , Google
0.29% , PEJ , Leisure & Entertainment, PEJ
2.55% , RHI , ROBERT HALF
3.41% , MRVL , MARVELL TECHNOLOGY
1.77% , SNV , SYNOVUS
1.00% , AXP , AMERICAN EXPRESS
0.72% , FAST , Fastenal Company
2.96% , TXN , TEXAS INSTRUMENT
0.85% , PXQ , Networking, PXQ
2.30% , OMC , OMNICOM
1.72% , SEE , SEALED AIR
0.07% , JKI , Value MidCap iS M, JKI
4.78% , IPG , INTERPUBLIC GRP
2.51% , LLL , L-3 COMMS HLDGS
1.41% , PSJ , Software, PSJ
0.68% , FDV , Value 40 Large Low P/E FT DB, FDV
1.31% , VIA , VIACOM INC. (New)
1.74% , KG , KING PHARM
1.81% , LMT , LOCKHEED MARTIN

Bearish Stocks: Falling Price and Rising Volume
Ranked by Price Change * Volume Change
% Price Change, Symbol, Name
-0.91% , ADRD , Developed 100 BLDRS, ADRD
-2.99% , THC , TENET HEALTHCARE
-2.92% , SHLD , SEARS HOLDINGS
-0.34% , TMW , Wilshire 5000 ST TM, TMW
-4.79% , MU.O , MICRON TECH
-1.90% , FEU , Value LargeCap Euro STOXX 50 DJ, FEU
-0.28% , ITF , Japan LargeCap Blend TOPIX 150, ITF
-1.37% , ITW , ILLINOIS TOOL
-3.97% , CLF , CLIFFS NATURAL RESOURCES, CLF
-1.36% , EWI , Italy Index, EWI
-3.37% , BRCM , BROADCOM STK A
-2.08% , EOG , EOG RESOURCES
-2.11% , YHOO , YAHOO
-1.43% , HSIC , Henry Schein Inc
-0.29% , JKF , Value LargeCap iS M, JKF
-1.46% , SYK , STRYKER
-1.71% , RF , REGIONS FINAN
-1.89% , EWP , Spain Index, EWP
-0.92% , EZU , EMU Europe Index, EZU
-0.72% , DGT , Global Titans, DGT
-1.70% , PDCO , Patterson Dental Company
-1.95% , AET , AETNA
-3.03% , SNDK , SanDisk Corporation
-1.55% , GIS , GENERAL MILLS
-1.65% , BBBY , BED BATH BEYOND
-2.27% , JPM , J P MORGAN CHASE
-0.67% , IOO , Global 100, IOO
-0.69% , ELV , Value Large Cap DJ, ELV
-1.25% , FLEX , Flextronics International Ltd
-1.87% , MJN , Mead Johnson Nutrition
-3.00% , HPQ , HEWLETT PACKARD
-2.13% , COF , CAPITAL ONE FNCL
-0.21% , RFV , Value MidCap S&P 400, RFV
-0.77% , PUI , Utilities, PUI
-1.82% , MON , MONSANTO
-2.84% , SUN , SUNOCO
-1.31% , ETR , ENTERGY
-1.17% , GILD , Gilead Sciences Inc
-0.65% , XLG , LargeCap Rydex Rus Top 50, XLG
-2.83% , ASH , ASHLAND

9 major U.S. stock sectors ranked in order of long-term relative strength:

Consumer Discretionary (XLY) Bullish, Over Weight. The Relative Strength Ratio (XLY/SPY) rose to another new 2-month high on 9/3/10 and remains bullish. The Ratio remains above both SMAs and the 50-day SMA remains above the 200-day SMA. Absolute price rose to a new 2-month high on 9/14/10 and remains neutral, with the 50-day SMA below the 200-day SMA. Support 29.80, 28.64, 28.21, and 26.62. Resistance 32.41, 33.12, 34.39, 36.13, 38.25 and 39.09.

Industrial (XLI) Neutral, Market Weight. The Relative Strength Ratio (XLI/SPY) rose further above rising 50-day and 200-day SMAs on 9/8/10 and remains bullish. Absolute price rose to a new 4-week high on 9/13/10 and remains neutral, with the 50-day SMA below the 200-day SMA. Support 29.77, 27.67, 26.79 and 26.66. Resistance 31.15, 32.41, 33.46, 34.24, 34.50, and 35.00.

Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) rose above 7-week highs on 9/17/10. Still, the ratio remains neutral, with the 50-day SMA slightly below the 200-day SMA. Absolute price of XLK rose above 3-month highs on 9/17/10. Still, price remains neutral, with the 50-day SMA below the 200-day SMA. Support 21.60, 20.01, and 19.51. Resistance 22.62, 23.27, 24.16, 24.68, and 25.69.

Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) fell below 3-week lows on 9/17/10 but remains bullish, above both SMAs and with the 50-day SMA above the 200-day SMA. Absolute remains neutral, with the 50-day below the 200-day SMA. Support 32.36, 29.88, 29.43, and 27.67. Resistance 33.52, 35.47, and 37.56.

Consumer Staples (XLP) Neutral, Market Weight. The Relative Strength Ratio (XLP/SPY) fell to a 4-week low on 9/13/10 and turned neutral by crossing below its 50-day SMA. Absolute price rose to a new 3-month high on 9/15/10 but still remains neutral, with the 50-day SMA below the 200-day SMA. SMA. Support 26.34, 25.30, and 24.95. Resistance 27.46, 27.83, 27.95, 28.20, 28.75, 29.29 and 30.29.

Utilities (XLU) Neutral, Market Weight. The Relative Strength Ratio (XLU/SPY) fell to a 6-week low on 9/17/10 and remains neutral. Absolute price of XLU rose to a new 8-month high on 9/7/10 and remains bullish. Support 31.29, 30.15, 29.66, 27.91, 27.44, and 25.76. Resistance 31.74 and 32.08.

Health Care (XLV) Bearish, Under Weight. The Relative Strength Ratio (XLV/SPY) has been bearish since peaking on 2/23/09. Absolute price of XLV has been bearish since peaking on 1/20/10. Support 28.00, 27.49. Resistance 29.98, 30.83, 32.05, 32.18, 32.42, 32.69, 33.16, 33.37 and 33.74.

Financial (XLF) Bearish, Under Weight. The Relative Strength Ratio (XLF/SPY) fell to a new 9-month low on 8/30/10 and remains bearish. Absolute price of XLF has been bearish most days after peaking at 17.12 on 4/15/10. The price 50-day SMA remains below the 200-day SMA. Support 13.29 and 13.08. Resistance 15.09, 15.67, 16.13, 16.90, 17.12, 17.16, and 17.87.

Energy (XLE) Bearish, Under Weight. The Relative Strength Ratio (XLE/SPY) plunged below 3-month lows on 9/17/10 and remains bearish. Longer term, the ratio has been bearish most of the time since peaking more than 2 years ago on 7/1/08. Absolute price of XLE has been bearish most of the time since peaking at 62.30 on 4/26/10. Support 53.22, 50.33, 48.56, 46.16, and 43.66. Resistance 55.23, 56.70, 58.11, 59.84, 62.30, 62.73, 69.95, and 78.10.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) rose to another new 7-year high on 9/14/10, again confirming a secular (major) bullish trend. Absolute price rose to a new 4-month high. Price of EEM turned bullish on 9/9/10 when the 50-day SMA crossed above the 200-day SMA.

Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) remains neutral, with the 50-day SMA below the 200-day SMA.

NASDAQ Composite/S&P 500 Relative Strength Ratio rose above 7-week highs on 9/17/10 but remains neutral, with the 50-day SMA slightly below the 200-day SMA.

The S&P 500 Equally Weighted ETF Relative Strength Ratio (RSP/SPY) rose further above 5-week highs on 9/3/10 and remains bullish. Longer term, RSP/SPY has been bullish (trending upward) since 11/19/08. Absolute price remains neutral, with the 50-day SMA below the 200-day SMA.

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) appears to be trending lower again in recent weeks, since 8/3/10. Big caps have been relatively out of favor for more than 10 years, since 3/29/2000.

The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) remains neutral. The ratio has been correcting and consolidating since making a 13-year high on 5/17/10.

The S&P MidCap 400/Large Cap Relative Strength Ratio (MDY/SPY) rose further above 7-week highs on 9/17/10 and remains bullish. Longer term, MDY/SPY has been bullish, trending upward since 4/7/99. Absolute price remains neutral, with the 50-day SMA moderately below the 200-day SMA.

Crude Oil nearest futures contract fell below 2-week lows on 9/17/10 to confirm a short-term price pullback. Intermediate term, Oil has been consolidating more or less sideways/neutral in a trading range since 5/3/10. Support 72.63, 70.76, 70.35, 69.51, 68.59, 67.15, 65.05, and 64.24. Resistance 83.40, 84.55, 87.15, 90.51, 98.65, and 102.84.

Gold nearest futures contract rose to another new all-time high on 9/17/10, again confirming its preexisting secular bullish trend. Support 1232.4, 1210.9, 1191.5, 1155.6, 1124.3, 1120.9, 1084.8, 1045.2, 1026.9, and 989.3. Resistance: maybe around 1300.0.

Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to the Gold bullion ETF, GDX/GLD) has been whipsawing sideways through moving averages in recent months. Best stand aside until a clear trend emerges.

Silver/Gold Ratio rose further above 8-month highs on 9/16/10, confirming a bullish trend. Silver has outperformed Gold since 8/20/10.

Copper nearest futures contract price rose above 5-month highs on 9/17/10, again confirming its preexisting intermediate-term Secondary Uptrend. Strength in Copper suggests confidence about prospects for the world economy, while weakness in Copper suggests doubts. Support 3.1775, 2.9285, 2.8555, 2.8445, and 2.72. Resistance 3.68, 3.795, 4.0825, and 4.27.

U.S. Treasury Bond nearest futures contract price appeared to stabilize last week, after falling for 2 weeks. Bonds might be oversold for the short term. The Bond rose to its highest level in 19-months on 8/25/10, again confirming that the major trend remained bullish. Support 129.05, 126.01, 125.07, 124.19, 123.03, 121.28, 119.26, 118.24, 118.12, 115.15, 114.06. 113.04, and 112.15. Resistance 133.12, 135.19, 136.31, 137.31, and 142.31.

Junk/Investment-Grade Corporate Bonds Relative Strength Ratio (JNK/LQD) has recovered slightly since falling below 3-month lows on 8/26/10. The Ratio has been heading lower (underperforming) most of the time since the peak on 1/8/10. From 3/9/09 to 1/8/10, JNK/LQD was bullish, with the ratio moving upward and JNK outperforming.

U.S. Treasury Inflation Protected / U.S. Treasury 7-10 Year Relative Strength Ratio (TIP/IEF) has been RELATIVELY bearish most of the time since peaking on 1/8/10. This implies that investors have been choosing less inflation protection.

The U.S. dollar nearest futures contract price broke down below 5-week lows on 9/17/10 before reversing to close higher. The short-term trend remains bearish. The Secondary, intermediate-term trend appears probably bearish. Long term, USD may be in a secular downtrend and merely consolidating losses since bottoming at 70.805 in March 2008. Support 80.745, 80.14, 79.73, 79.61, 78.83, 78.20, 76.74 and 75.90, 74.27, and 70.805. Resistance 83.315, 83.64, 83.96, 85.36, 86.71, 88.80, 89.22, 89.71, and 92.53.

Advisory Service Sentiment: There were 36.7% Bulls versus 31.1% Bears as of 9/15/10, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio rose to 1.18, up from .078 on 9/1/10, which was the lowest level of bullish sentiment in 17 months, since 3/25/09. The ratio has fallen substantially from its peak at 3.36 set on 1/13/10, which was the highest bullish sentiment in 6 years. The 20-year range is 0.41 to 3.74, the median is 1.51, and the mean is 1.57.

The Dow Theory suggests a Primary Tide Bull Market, in my interpretation. The Dow Theory last confirmed a Bullish Major Trend on 4/26/10, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above their closing price highs of the previous 18 months. The Dow Theory signaled the current Primary Tide Bull Market on 7/23/09, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above their closing price highs of the previous 6 months. That 7/23/09 bullish signal reversed the previous bearish signal: the two Averages signaled a Primary Tide Bear Market on 11/21/07, when both Averages closed below their closing price lows of August 2007.

S&P 500 Composite (SPX, 1,125.59) rose 0.93 points or 0.08% on 9/17/10. Stock indexes opened higher, following good earnings news from a couple of companies, but quickly gave up that gain. By the close, just 2 stock sectors, industrial and technology, accounted for all the strength, while the other 7 major sectors fell. Volume rose 32% on the NYSE—but the volume of declining stocks was 28% greater than the volume of advancing stocks, indicating net selling pressure. Upside volume on rallies has been relatively low for months, suggesting a lack of confidence. Price momentum appears to have slowed to a craw in recent days, perhaps indicating exhaustion for the short term. Longer term, absolute price of SPX remains neutral, above the 50-day and 200-day SMAs, but with the 50-day SMA below the 200-day SMA. For the past 4 months, the stock market has been consolidating losses in a trading range between the SPX 1131.47 high of 9/17/10 and the SPX 1010.91 low of 7/1/10. Even if there were another attempt to probe new 4-month high territory, substantial upside price follow-through with volume confirmation would be needed to validate a trend change. Barring that, further consolidation still seems most likely in days ahead.

S&P 500 Cash Index Potential Resistance
1576.09, high of 10/11/2007
1552.76, high of 10/31/2007
1523.57, high of 12/11/2007
1498.85, high of 12/26/2007
1440.24, high of 5/19/2008
1406.32, high of 5/29/2008
1381.50, Fibonacci 78.6% of 2007-2009 range
1366.59, high of 6/17/2008
1335.63, high of 6/25/2008
1313.15, high of 8/11/2008
1274.42, high of 9/8/2008
1255.09, high of 9/12/2008
1238.81, Fibonacci 78.6% of 1,576.09 high
1228.74, Fibonacci 61.8% of 2007-2009 range
1220.03, high of 9/25/2008
1219.80, high of 4/26/2010
1173.57, high of 5/13/2010
1040.00, Fibonacci 61.8% of 2010 range
1131.47, high of 9/17/2010

S&P 500 Cash Index Potential Support
1114.63, low of 9/15/2010
1110.88, low of 9/10/2010
1091.15, low of 9/7/2010
1039.70, low of 8/27/10
1039.31, Fibonacci 23.6% of June-Aug. 2010 range
1010.91, low of 7/1/2010
1008.55, Fibonacci 38.2% of 2009-2010 range
991.97, low of 9/2/2009
978.51, low of 8/17/2009
956.23, high of 6/11/2009
943.29, Gann 50.0% of 2009-2010 range
878.04, Fibonacci 61.8% of 2009-2010 range
874.17, Gann 62.5% of 2009-2010 range
869.32, low of 7/8/2009
805.17, Gann 75.0% of 2009-2010 range
785.13, Fibonacci 78.6% of 2009-2010 range
666.79, intraday low of 3/6/2009

One-Day Ranking of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol

1.26% India Earnings WTree, EPI
1.14% Biotech SPDR, XBI
1.08% India PS, PIN
0.95% Telecom DJ US, IYZ
0.95% Agriculture DB PS, DBA
0.89% China 25 iS, FXI
0.64% Hong Kong Index, EWH
0.63% Water Resources, PHO
0.50% Growth SmallCap R 2000, IWO
0.50% Growth SmallCap VIPERs, VBK
0.44% Financial Preferred, PGF
0.42% SmallCap S&P 600, IJR
0.42% Industrial SPDR, XLI
0.42% SmallCap Russell 2000, IWM
0.41% Technology DJ US, IYW
0.41% Info Tech VIPERs, VGT
0.40% Bond, 20+ Years Treasury, TLT
0.40% Growth BARRA Small Cap 600, IJT
0.38% Networking, IGN
0.37% Dividend High Yield Equity PS, PEY
0.37% Small Cap VIPERs, VB
0.35% Growth MidCap Russell, IWP
0.35% Value SmallCap S&P 600 B, IJS
0.34% Commodity Tracking, DBC
0.33% Value SmallCap Russell 2000, IWN
0.33% Microcap Russell, IWC
0.32% Bond, Corp, LQD
0.30% REIT VIPERs, VNQ
0.30% Real Estate US DJ, IYR
0.29% Value SmallCap VIPERS, VBR
0.29% South Korea Index, EWY
0.29% Growth MidCap 400 B, IJK
0.28% MidCap Russell, IWR
0.28% Chile MSCI iS, ECH
0.26% Indonesia MV, IDX
0.26% Growth 1000 Russell, IWF
0.25% Realty Cohen & Steers, ICF
0.23% Bond, 10 Year Treasury, IEF
0.21% Growth VIPERs, VUG
0.21% Growth S&P 500/BARRA, IVW
0.20% Value MidCap S&P 400 B, IJJ
0.19% Mexico Index, EWW
0.19% MidCap S&P 400 iS, IJH
0.18% Bond, High-Yield Corporate, HYG
0.18% Technology SPDR, XLK
0.16% Transportation Av DJ, IYT
0.14% LargeCap Blend Russell 3000, IWV
0.13% Bond, Aggregate, AGG
0.11% Growth LargeCap NASDAQ 100, QQQQ
0.07% Semiconductor iS GS, IGW
0.06% Dividend DJ Select, DVY
0.06% Value SmallCap S&P 600, RZV
0.05% Blend Total Market VIPERs, VTI
0.04% Switzerland Index, EWL
0.04% LargeCap VIPERs, VV
0.03% LargeCap 1000 R, IWB
0.03% Value MidCap Russell, IWS
0.02% Bond, 1-3 Year Treasury, SHY
0.02% MidCap S&P 400 SPDRs, MDY
0.02% S&P 500 iS LargeCap Blend, IVV
0.00% Dividend Appreciation Vipers, VIG
-0.03% Preferred Stock iS, PFF
-0.03% Basic Materials DJ US, IYM
-0.04% Bond Muni ATM-Free S&P iS, MUB
-0.05% Bond EmrgMkt JPM iS, EMB
-0.05% Emerging VIPERs, VWO
-0.06% LargeCap Blend S&P 100, OEF
-0.06% Consumer Discretionary SPDR, XLY
-0.06% Value VIPERs, VTV
-0.07% Pacific ex-Japan, EPP
-0.07% Gold Shares S.T., GLD
-0.08% Turkey MSCI iS, TUR
-0.08% Small Cap EAFE MSCI iS, SCZ
-0.11% DIAMONDS (DJIA), DIA
-0.13% Pacific VIPERs, VPL
-0.14% Value 1000 Russell, IWD
-0.15% Capital Markets KWB ST, KCE
-0.15% Taiwan Index, EWT
-0.16% Emerging Markets, EEM
-0.17% Value S&P 500 B, IVE
-0.17% Utilities VIPERs, VPU
-0.20% China LargeCap Growth G D H USX PS, PGJ
-0.29% Energy DJ, IYE
-0.29% Bond, TIPS, TIP
-0.29% Silver Trust iS, SLV
-0.31% Singapore Index, EWS
-0.32% Financial DJ US, IYF
-0.32% Semiconductor SPDR, XSD
-0.33% WilderHill Clean Energy PS, PBW
-0.34% Energy VIPERs, VDE
-0.34% Australia Index, EWA
-0.36% Japan Index, EWJ
-0.36% LargeCap Blend S&P=Weight R, RSP
-0.36% Financials VIPERs, VFH
-0.40% Global ex US ACWI iS, ACWX
-0.40% Homebuilders SPDR, XHB
-0.40% Growth EAFE MSCI, EFG
-0.42% Natural Resource iS GS, IGE
-0.44% Thailand MSCI iS, THD
-0.47% Canada Index, EWC
-0.48% EAFE Index, EFA
-0.50% S&P 500 SPDRs LargeCap Blend, SPY
-0.53% Health Care SPDR, XLV
-0.54% Latin Am 40, ILF
-0.54% Value LargeCap Dynamic PS, PWV
-0.58% Sweden Index, EWD
-0.59% Malaysia Index, EWM
-0.61% Dividend SPDR, SDY
-0.61% REIT Wilshire, RWR
-0.62% Financial Services DJ, IYG
-0.66% Bond Ex-US Treas, BWX
-0.67% Netherlands Index, EWN
-0.67% Energy Global, IXC
-0.67% Global 100, IOO
-0.69% Austria Index, EWO
-0.70% Russia MV, RSX
-0.71% Financial SPDR, XLF
-0.77% Value EAFE MSCI, EFV
-0.77% South Africa Index, EZA
-0.80% United Kingdom Index, EWU
-0.84% European VIPERs, VGK
-0.90% Brazil Index, EWZ
-0.90% Emerging 50 BLDRS, ADRE
-0.92% EMU Europe Index, EZU
-0.94% Germany Index, EWG
-0.94% Belgium Index, EWK
-0.96% Energy SPDR, XLE
-0.97% Consumer Staples SPDR, XLP
-0.99% France Index, EWQ
-1.00% Oil, Crude, U.S. Oil Fund, USO
-1.03% Europe 350 S&P Index, IEV
-1.19% Utilities SPDR, XLU
-1.36% Italy Index, EWI
-1.52% Dividend International, PID
-1.60% Metals & Mining SPDR, XME
-1.89% Spain Index, EWP
-1.97% Materials SPDR, XLB